Search ResultsShowing 1 - 10 of 100+ results for "CBA"
Equity Trustees wins Colonial mandate
KANIKA SOOD  |  FRIDAY, 4 OCT 2019
... (formerly CFSGAM) chose Perpetual's Trust Company as the responsible entity for its first fund launches after the sale from CBA to MUFG settled.
CommInsure charged over hawking
HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... ASIC is alleging the Commonwealth Bank subsidiary unlawfully sold life insurance policies over the phone after providing CBA customer details to a telemarketing firm. According to the corporate regulator, an agent for CommInsure - telemarketing firm ...
First Sentier launches funds, picks new RE
KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... Investors has launched its inaugural batch of funds and has chosen a new responsible entity, after completing the sale from CBA. The firm will use Perpetual's The Trust Company as its new responsible entity for the first time with the new funds. ...
ASIC casts doubt over Dollarmites
ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... be - and there is a long history of school banking programs in Australian schools," ASIC commissioner Sean Hughes said. As CBA's Dollarmites is the most prolific of the programs in question, it is sure to attract some comments from concerned parents. ...
Morgans snaps up CommSec Advisory business
ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... vying for the business were Ord Minnett, Shaw and Partners and Wilsons, with Ord Minnett originally tipped to win the bid. CBA confirmed back in June this year that it was considering the sale after offloading Count Financial for $2.5 million. The news ...
CommSec responds to sale rumours
ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... capabilities. CommSec Advisory has about 18 financial planners in Australia and approximately $4 billion in funds under advice. CBA's advice businesses are split across its business bank (CommSec), business bank (Commonwealth Financial Planning)and NewCo ...
CFSGAM picks new name, updates on CBA separation
KANIKA SOOD  |  MONDAY, 16 SEP 2019
... an autonomous part of MUFG. "Other than me, nobody in our business has a reporting line into Mitsubishi," Steinberg said. CBA separation update In its previous ownership under CBA, the company's central functions like legal, finance, compliance were ...
MLC Wealth appoints chief operating officer
KRISTI CHENG  |  FRIDAY, 30 AUG 2019
... 2019. The appointment of Morgan comes as the group continues to separate from the NAB Group. Morgan joins MLC Wealth from CBA, where he has worked for nine years, most recently as chief financial officer of wealth management. Prior to CBA, Morgan worked ...
Dividend payouts stagnate
KARREN VERGARA  |  MONDAY, 26 AUG 2019
... remediation and responsible lending. "We remain cautious on the banks given ultra-low rates and stretched multiples. We expect CBA and WBC to join ANZ and NAB in cutting dividends should rates continue to fall," the note said. Globally, total dividends ...
CommInsure sale stalls, sold for discount
KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... co-operation agreement with AIA, reinsurance arrangements, partnership milestone payments and a statutory asset transfer. CBA flagged its intention to sell 100% of CommInsure Life back in September 2017, and expected the transaction to complete by the ...
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